BetOnFinance is the newest online gaming system that managed to join up betting and financial market together. Although it may look complicated, these unique service help traders participate in financial markets. According to the BetOnFinance, this is the first company that offered new online gaming service. In this article, we will discuss how to bet with BetOnFinance.
Those who are interested to find out more about BetOnFinance, please read our BetOnFinance review.
Open Account with BetOnFinance
In order to start betting with BetOnFinance traders or bettors have to first open the account. In upper right corner of the site, traders will see yellow register button. After clicking on this button traders will find a simple register form they will need to fill out.
In view of creating the account, traders have to provide their email, username, password currency and the language they want to use while trading with BetOnFinance. After filling the account details, traders can move on and click on next step.
Next step includes filling some personal details like name, last name, street address, country, phone and birthday.
After all the details have been filled, traders can continue and verify their BetOnFinance account. After they accept BetOnFinace terms and conditions traders can click on Complete registration and check their mail to confirm their email address.
BetOnFinance – First Steps
In order to understand the rules of the game, traders will receive short welcome tips after they manage to register with BetOnFinance.
First of all, trading can start after bettors made the first deposit with BetOnFinance. To do that, they need to click on the blue Deposit/Withdraw button in the upper right corner of the account. BetOnFinance provides various payment options like MasterCard, Visa, Visa Electron, maestro, Neteller, Skrill or Trustly. Bettors can deposit from €10.
For traders that are using BetOnFinance for the first time, there is a welcome bonus that can be activated right after the registration.
After they have managed to choose the payment method and made a deposit, bettors can continue choosing the game they want to bet on.
We have registered with BetOnFinance to get the idea of this new online gaming system that reminds us so much of traditional horse betting. After a quick registration, BetOnFinance has welcomed us with €15 of Welcome Bonus. We haven’t provided BetOnFinance with any credit card details, we just wanted to check the interface and see what services they offer to their bettors.
BetOnFinance Games – What Markets are Available?
BetOnFinance provides various tutorials that might help bettors to get an idea about each game they can bet on. We have analyzed all available games and found out that BetOnFinance bettors can choose between three main market types of betting:
- Stock Race Games
- Index Games
- Event Games
After a trader has decided on which market type he wants to bet, bettors need to choose a game type and expiry time of a game.
BetOnFinance Stock Race Game – Game Rules
Stock race game allows bettors to bet on a stock they believe that will win or lose in view of other stock in given time. The concept is the same like horse betting, but bettors bet on stocks. Traders can choose to bet between 30 given stocks. The stock race allows traders to set Top3 or Bottom3 stocks that will be participating the race on that day.
The stock race is a pool game which means bettors are betting against each other and not against the BetOnFinance. The odds are never fixed, meaning that it depends on the total amount of the bets made by bettors for that specific race.
Bettors can choose different variants of stock race gaming, which means they can bet before the market opens or on the live games. If bettors choose to bet before the market opens, the can set winner or loser stocks up to five trading days before the game starts. Those who choose to bet on live games will enable to see the overview how markets are progressing on the beginning of the day.
The game is finished when the market closes and when the official results are given through BetOnFinance dashboard. Bettors are betting on a final value of the stock that is shown in the stock exchange market.
BetOnFinance Index Game – Rules
Are you interested in betting on the stock index? BetOnFinance Index Game allows bettors to bet on stock index change in certain time frame. Bettors basically bet on a price change of certain stocks, compared to the closing price in the earlier period. This betting game is indicating the price change in percentage.
Bettors can choose to bet on Half-day games, live games or on a range. Half-day allows bettors to finish their bet before the market closes on that day. This means that game ends at 12:20 PM on the local time of that specific market. The values of the stock are measured and based on the live price at noon, local time.
Those who choose to bet on a range, they will bet on 0,25% ranges instead of bet on a real price change.
BetOnFinance Event Games – Rules
BetOnFinance has offered unique games that allow bettors to make bets within various events. We have found that BetOnFinance bettors can choose to bet on various company events, macroeconomic or political events, CEO game, IPO or First-day game. Every game will offer different range and outcomes and this will depend on which type of event game is chosen.
Bettors can start betting event games starting from €1 and the odds always depends on the amount bettors have invested in the pool.
BetOnFinance Placing a Bet
Bettors can bet on BetOnFinance only when they are online. After they have logged on their account and made a deposit with BetOnFinance, they can start placing bets. After clicking on Bet Now button, bettors will be redirected to their Bet Slip trading platform. The left side of the BetOnFinance platform offers a drop down menu where bettors can choose preferred market, game type and other game specifications like time period and game day.
After they have set betting specifications, bettors will be able to see all available bets for chosen game. BetOnFinance welcomes bettors to choose the amount of each bet and betting can start. After they have decided about the bet, in order t activate the bet, the bettor needs to confirm the popup window.
BetOnFinance platform allows bettors to track their bets on their homepage interface. Bettors can also track and analyze their bets on the weekly basis data given by BetOnFinance. Besides personal success, bettors can track most successful bettors on the BetOnFinance and the real time situation on the markets.
If you are tired of standard binary options trading and like traditional horse betting, BetOnFinance could be an interesting thing to try.
